Home and second home property insurance written in English is a must for those
with language difficulties
and domestic holiday home ownership still very high and numerous owners have problems
with foreign languages, so it is vitally important that their insurance policy
is written in English.
When a property owner has found that dream property it's absolutely crucial that
they get it fully insured. Without the right insurance policy, they could have
problems when they come to claim and find out that they don't have the cover they
thought they should have had. If the owner is not fluent in the local language,
arranging cover or even making a claim through a local insurer can be problematic.
a property owner is not fluent in the local language, arranging cover or even
making a claim through a local insurer can be problematic, therefore it makes
sense to choose an insurance company with the policies written in "plain English".
also applies to owners of main residences in popular locations like, Spain,
Portugal, France and Italy.
the majority of cases wherever people choose to buy a holiday home, in the majority
of cases they are not going to live there full time and need to know that their
investment is properly protected.
the right insurance is all about understanding what
assets are owned, what liabilities the owner is exposed to and what external events
can occur which will put the insured at risk.
insurance policies can include variations and exclusions relating to burglary,
accidental damage or personal liability claims. Some of these might not include
water supply or gas supply pipes or electric cables to the property becoming damaged.
There might be restrictions on letting out the property as a holiday rental or
longer let. Other policies might only give a maximum of 90 days un-occupancy at
a time and this is not very satisfactory particular if the owner lives in it for
six months of the year and moves to a warmer climate for the other six months.
is imperative that anyone taking out insurance on their property checks all the
details ("small print") thoroughly and if they need
to keep the electricity on to keep the heating, internet or burglar alarm working
they must make sure that they let the insurance company know this from the start.
This type of action will avoid problems when a claim occurs particularly if there
was a fire caused by an electrical fault and under the terms of the policy, the
electricity was meant to be switched off!
jml property-insurance. has been promoting insurance
companies selling policies written in English for a number of years now. They
not only have companies advertising on the jml Insurance websites that cover the
UK only, like Letsure, Rentguard, Devon Direct and
Allsytles, but companies that cover the majority of European countries like Staysure
for the over 50's, Andrew Copeland Insurance
and Intasure. Intasure ("insurance that speaks your
language") will also cover main residences, so if the owner lives in France or
Germany for example and just have their main residence there they can cover it.
They can also cover main residence back in the UK as well.
insurance companies are not just targeting their products to the UK market. If
the owner is Irish, Italian or German and living in their native country with
a holiday home in Portugal for example they should be able to get cover.
spokesperson for jml Property Insurance said "Home owners are reminded that when
they arrange their insurance cover, that they must make sure the buildings costs
are for the correct cost of rebuilding. Unfortunately many individuals think that
they should get building insurance at market value. This is not the case. It is
all to do with re-building the property on the land that is already owned by them.
If a property was worth €190,000 last year and maybe the market price has gone
up to €210,000 this year, this has nothing to do with re-building costs.
client already owns the "land" the property is situated on and so assuming the
property was destroyed by fire the insurance has to cover the removal or repair
of the building shell and the erecting or repair for the replacement. The sum
insured should be sufficient to rebuild all buildings as well as all outdoor structures
such as swimming pools, terracing or perimeter walls."
details of companies advertising insurance for holiday homes and main residences
can be found at http://www.jml-insurance.co.uk
It could be the best move someone makes this year.
property-insurance.co.uk is part of jml
Property Services, the trading name of Jeffrey
Milner Ltd. The company is an UK based company
that was established in 1979. jml insurance acts as a promoter for insurance companies
selling property insurance including landlord and tenant rental products, pet
insurance, wedding insurance, motor insurance, car hire excess insurance )via
) travel insurance and non standard insurance products.
They also operate jmlvillas.com
an online low cost villa advertising service marketing service for owners of holiday
home property to advertise and are part of the jml
Group that includes jml
Training and Consultancy.
jml Property Services January 2013
out more about Overseas Property insurance and UK Holiday Home insurance
to jml insurance Press Releases
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Industry News Press Releases 2012
Industry News Press Releases 2011
Industry News Press Releases 2010
Industry Nehttp://www.jml-property-insurance.co.uk/landlords_insurance.htmws Press
Industry News Press Releases 2008
Industry News Press Releases 2001 -2007
Property Insurance.com Press Releases
villas.com Press Releases
villas.com / euro-rentavilla.com Media Coverage
Training and Consultancy Press Releases